Property profile

40 Un City Rd Prospect, CT 06712

OFF-MARKET
Retail space
Property ID
US15-0292971
17,360 SF 7.72 ac lot Built 2018
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This commercial bay in Prospect encompasses 1,200 square feet and includes a 10-foot garage door and a half bath. The space is heated with propane warm air systems, and it is configured for clean operations only, with restrictions against mechanical work. The tenant area is associated with responsibilities for utilities and a proportionate share of snow plowing services during winter.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2018
Construction FRAME
Total area 17,360 SF
Lot 7.72 ac (336,283 SF)
Zoning code B
APN PROS M:110 B:156 L:40
UPID US15-0292971

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Gym & Fitness Center Sports Field & Court
  • Physician

Location

40 Un City Rd Prospect, CT 06712-1584
Prospect metro Census 347200 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$975k
Blend (final) Blend
$520k

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

Zoning & alternative use

B · Prospect, CT
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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